Econ. Signals Strike Biden
A sharp rise in gas prices and inflation, combined with turbulence in the job market, is creating new economic pressures for President Biden just as he tries to secure a legacy-defining set of domestic spending proposals. Over the past week, the Biden administration has been met with disappointing economic benchmarks, including lackluster hiring and a surge in consumer prices. Meanwhile, rising gas prices and fuel shortages have hammered the Southeast.
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